IT services major Infosys said that it has made an additional investment of $0.45 million (around Rs 3.3 crore) in California- based TidalScale. Taking its total investment in the company to $3.45 million. TidalScale is...
Seismic raises fresh funds at $3 bln valuation; acquires Lessonly
Software maker Seismic said on Monday it has raised $170 million in fresh capital at a $3 billion valuation and will use part of the funds for the acquisition of Lessonly, a venture capital-backed online sales coaching...
Qlik acquires NodeGraph to enhance analytics capabilities
Analytics company Qliktech International AB on Friday said that it has acquired NodeGraph, a customizable metadata management solution, to help expand its analytics data pipeline capabilities with interactive data...
Sweden’s Veoneer says will start talks with Qualcomm over offer
Veoneer Inc said on Sunday it would start talks with chipmaker Qualcomm Inc after its offer for the Swedish auto parts maker last week topped a rival bid by Magna International Inc. Qualcomm’s offer could “reasonably be...
Persistent Systems is on the lookout for acquisitions: CEO Sandeep Kalra
Persistent Systems Ltd. is on the lookout for acquisition opportunities in niche areas going forward, Chief Executive Officer Sandeep Kalra said. The Pune-based IT services provider had a cash balance of more than Rs 26...
Infra.Market gets funding at $2.5-billion valuation, eyes acquisitions
Infra.Market, a business-to-business (B2B) commerce platform for construction materials, has raised $125 million from existing investor Tiger Global at a post-money valuation of $2.5 billion, founder Souvik Sengupta...
U.K. considers blocking Nvidia’s $40 billion takeover deal for Arm – Bloomberg News
The UK government is considering blocking chip designer Nvidia Corp’s $40 billion acquisition of British peer Arm Ltd on potential national security risks, Bloomberg News reported on Tuesday, citing people...
Marvell Tech to acquire Innovium for $1.1 billion as it courts more cloud customers
Marvell Technology Inc on Tuesday said it has agreed to acquire chip startup Innovium in a $1.1 billion all-stock deal aimed at bolstering Marvell’s share of networking chips sold to large cloud-computing companies...
Cyient to acquire WorkForce Delta for $2.7 million
IT services company Cyient Ltd said on Wednesday it will acquire WorkForce Delta, a leading consulting firm in mobile workforce management, for $2.7 million. It will acquire a 100% stake in WorkForce Delta through its...
Majesco to acquire 51% stake in Pune-based K2V2 for Rs 40 crore
IT consulting and services firm Majesco has acquired 51 per cent stake in Pune-based software technology firm K2V2 in a Rs 40-crore deal. The Board of Majesco has approved this acquisition, as an inorganic step in its...
Suitors line up to acquire Hexaware Technologies in $2.5-billion deal
Private equity firms Bain Capital, Carlyle Group and KKR & Co. are in the fray to acquire Hexaware Technologies Ltd. for $2.5 billion from Baring Private Equity Asia in potentially the largest IT services buyout in...
Wipro sells entire shareholding in IntSights for $19.17 mn
IT services major Wipro on Tuesday said it has sold its entire stake in IntSights, a cyber threat intelligence service provider, for $19.17 million (about Rs 143.3 crore). On Monday, security analytics and automation...
